Construction costs in Latvia increase 21.6% in April

Published date27 May 2022
Publication titleLETA

RIGA, May 27 (LETA) - The level of construction costs in Latvia increased by 21.6 percent in April 2022 as compared to April 2021, the Central Statistical Bureau said on Friday.

Prices of building materials rose by 30.3 percent, maintenance and operational costs of machinery and equipment increased 17 percent, while labor remuneration of workers rose 8.7 percent.

Compared to this past March, the level of construction costs rose by 3.1 percent in April. Prices of...

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